Browsing Tag
deposit rates
Bank margins may come under stress amid deposit rate war
The Bank Nifty is trading near lifetime highs, reflecting the fortunes of lenders that extricated themselves from the quagmire of bad assets spawned by the last round of bankrolled capacity…
‘Investors could look to lock in money into corporate FDs’
Mumbai: Investors could start locking their money into long-term fixed deposits with tenures of three to five years, said distributors. While deposit rates across the board have gone up by…
Bajaj Finance raises deposit rates for 2nd time in month
Mumbai: Bajaj Finance, India's second-largest non-banking finance company, has increased its deposit rates by as much as 10 basis points from May 10, the second such hike in the last one…
Lenders increase deposit rates, bring savers cheer
Mumbai: Savers have reason to smile. Deposit rates are rising across the board as banks are following non-banking financial companies (NBFCs), which have taken the lead in competition for…